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Branches abroad dominated 30% of 2017 profits - NBK

Branches abroad dominated 30% of 2017 profits - NBK
NBK operates in the GCC, Middle East, Europe, New York, China, and Singapore
NBK
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10.05% 1,051.00 96.00

Mubasher: The CEO of the National Bank of Kuwait (NBK) said that the bank is maintaining its market share in Kuwait, alongside efforts to establish operational bases regionally and globally.

Branches and subsidiaries abroad have contributed around 29% to the bank’s total profits in the first nine months of 2017, Isam Jassem Al Sager added in a statement on Monday.

On the international level, Al Sager said the bank has expanded with its network to four continents, operating in a number of major business and financial centres around the world.